October 2014 California Sales Report

Thanksgiving is right around the corner too!
Calif. median home price: October 2014:
California: $450,620
Calif. highest median home price by region/county October 2014:
San Mateo, $1.07 million
Calif. lowest median home price by region/county October 2014:
Tehama, $160,000
Calif. Pending Home Sales Index:
September 2014: Increased 2.6 percent from 99.78 in August to 102.4 in August.

Calif. Traditional Housing Affordability Index: Second Quarter 2014: 30 percent (Source: C.A.R.)

Mortgage rates: Week ending 11/13/2014 (Source: Freddie Mac)
30-yr. fixed: 4.01 % fees/points: 0.5%
15-yr. fixed: 3.20% fees/points: 0.5%
1-yr. adjustable: 2.43% Fees/points: 0.4%

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